Third-Party Risk Analyst

Responsibilities

• Perform intake functions including scoping engagements against program criteria, segment suppliers/third parties, and initiate a risk assessment.
• Collaborate with business requestors, Sourcing, Legal, Subject Matter Experts, and other TPRM team members to ensure a thorough understanding of the engagement and the risks inherent within.
• Conduct risk-based assessments with specific focus on data privacy, information security, and resilience, identifying control gaps, documenting findings and mitigating controls.
• Cookordinate and align risk assessment processes and insights with third-party contractual negotiations.
• Partner and escalate key risks to internal stakeholders.
• Evaluate requests for new or modified third party engagements and prioritize/segment based on various risk factors.
• Ensure assessments are documented according to program requirements, meet the established quality standards and are completed in a timely manner.

Key Skills & Qualifications

• Possess a bachelor’s degree or equivalent work experience.
• Have a good understanding and a working knowledge of navigating, updating and reporting in a GRC tool.
• A risk-based mindset able to succinctly identify critical areas of concern and communicate findings to internal stakeholders.
• Knowledge of and expertise in risk management frameworks and processes preferably in financial services industry and payment processing.
• Understanding of complex data systems in order to identify risks including knowledge of data driven technologies.
• Keen sense of urgency with a results-driven orientation, strong organizational skills and interpersonal skills with proven experience in relationship building and partnering, including first-line engagement.
• Superior program management skills and capability to standardize and automate processes through existing or new company tools.
• Excellent written and oral communication skills.
• Attention to detail is a must. Uses critical thinking to analyze information and develop effective solutions.
• Ability to adapt to change quickly, work comfortably with ambiguity, and manage multiple tasks successfully.
• Commitment to effectively serving internal customers.
• Strong working knowledge of current workplace productivity and collaboration tools, especially Microsoft Office 365 (including SharePoint, Excel, and Teams).